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Date Posted: Saturday, October 25, 06:54:58am
Author: Cindy Crawford
Subject: Re: Help is on the way for the Peacocks
In reply to: Sludge 's message, "Re: Help is on the way for the Peacocks" on Friday, October 24, 10:20:22pm

Hard to see how top 5% fail to see their social responsibility,when in addition to paying 90% of the tax,their efforts to lessen that burden result in the vast majority of contributions to social,health,and education.
Further it was demonstrated that during the Reagan years tax cuts increased government revenue by increasing incentives for productivity.
Many of those from SPC that I know personally, come from extremely humble beginnings. Though fulfilling the American dream of attaining success through education and hard work,contributing financially,and pro bono to society, they are now being criticized for that success.
Punishing that success destroys incentive and hurts the economy by clamping down on its most productive element.
All can share the blame for today's economy from the president,to the democracts in congress led by Barney Frank,Chris Dodd,and Nancy Pelosi,to the the greed not only on Wall ST ,but Main St where we all spend money we don't have.
But the worst thing that can be done in an already weak economy is to tax businesses who will either go belly up,or if they do survive, pass their tax increases on to the rest.

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